UBS Maintains Buy on Ulta Beauty, Raises Price Target to $575
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser has maintained a Buy rating on Ulta Beauty (NASDAQ: ULTA) and increased the price target from $560 to $575, indicating a positive outlook on the company's stock.
December 01, 2023 | 6:41 pm
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POSITIVE IMPACT
UBS analyst Michael Lasser has reaffirmed a Buy rating on Ulta Beauty and raised the price target to $575, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Michael Lasser from UBS is a strong positive signal to investors, often leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100